Zheng Quan Ri Bao·2025-10-13 16:12Core Insights - The price of lithium hexafluorophosphate has been on the rise since September 16, increasing from 56,800 CNY/ton to 68,800 CNY/ton by October 13, marking a 21.13% increase [1] - The price increase is attributed to supply-demand dynamics, with reduced supply from smaller manufacturers and growing demand from the new energy and energy storage sectors [1][3] - Industry experts predict that the supply-demand balance will continue into Q4, with potential for further price increases due to seasonal demand spikes [3] Industry Overview - The previous price surge for lithium hexafluorophosphate began in 2020, peaking at 600,000 CNY/ton in March 2022, followed by a decline that is expected to stabilize at low levels in 2024 [2] - Companies involved in lithium hexafluorophosphate production, such as Tianji New Energy Technology Co., Ltd. and Duofluoride New Materials Co., Ltd., have seen stock prices rise significantly as a result of the price increase [3][4] - The profitability of related listed companies is expected to improve, with Duofluoride indicating a recovery in profitability in the second half of the year due to rising product prices and increased capacity utilization [4]